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61 Broadway, New York, NY, ...

Knotel Leases 60323 Square Feet At 61 Broadway New York From Landlord RXR Realty
LEASEDOffice

Knotel Leases 60323 Square Feet At 61 Broadway New York From Landlord RXR Realty

61 Broadway, New York, NY, 10006

Building Size

60,323 SF

Asset Type

Office

Closing

Jan 17, 2019

AI

The property at 61 Broadway, New York, NY, 10006, involves a lease agreement within the New York market. The space encompasses a total of 60,323 square feet. The landlord for this transaction is RXR Realty.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 61 Broadway, New York, NY, 10006
  • Market: New York
  • Square Feet: 60,323
  • Tenant: Knotel
  • Tenant's Representative: Evan Fiddle-CBRE
  • Brokers: Daniel Wilpon-CBRE
  • Landlord: RXR Realty

The deal includes involved representatives such as Evan Fiddle from CBRE representing the tenant, Knotel. Daniel Wilpon, also from CBRE, acts as the broker in this transaction. The arrangement showcases the collaboration between notable entities within the commercial real estate sector.

Players

Evan Fiddle

CBRE

Broker

13 deals

Broker
RXR Realty
RXR RealtyBrokerage
Knotel
KnotelBrokerage
RXR Realty
RXR RealtyLandlord
Knotel
KnotelTenant

New York Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93